Saudi, Russia debate record oil cut as U.S. resists action | Reuters


OPEC and Russia will discuss record oil output cuts on Thursday to support prices hammered by the coronavirus crisis but talks are complicated by internal disagreements and the reluctance of the United States to join any action.

Global fuel demand has plunged as much as 30% as measures to fight the virus have grounded aircraft, reduced vehicle usage and curbed economic activity.

Source: Saudi, Russia debate record oil cut as U.S. resists action – Reuters

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